Thursday, January 15, 2009

 
SELL the January 2009 SPX 990 Call option and BUY the January 2009 SPX 1000 Call option for a credit of $0.90.

(Due to market volatility there was no puts placed to eliminate downside risk).

Green zone between 985 and zero.

A successful $10,000 trade will make $900.

Result: Win - Green Month





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